$764,000
Melbourne, FL 32934
MLS# 783445
Status: Closed
14500 sqft
1 / 1
Property Description
This income producing property is a 14,500 sq.ft warehouse with full occupancy. Current income is $7169 per month which is $86,028 a year! Expenses are $33,690, per year yielding an NOI of $52,338! This warehouse is block construction and located in an excellent area off of Wickham, close to airport, and I95! All tenants are stable and pay on time every month.
Details
Maps
Location, Tax, and Legal
Unit Number: 101,102,103,104,105,106
Tax Account: 2732361
Parcel Number: 27-36-25-01-00000.0-0010.00
General County Location: South
Tax Annual Amount: 11298.9
Tax Year: 2016
Tax Legal Description: SKYWAY INDUSTRIAL PARK N 1/2 LOT 10
Directions: From Wickham, go west on New York and left onto Skyway. Property on left.
General Property Information
Number Of Units Total: 6
Building Area Total: 14500
Lot Size Acres: 0.98
Association YN: Yes
Property Use: C-WAREHOUSING, DISTRIBUTION AND TRUCKING TERMINAL, VAN & STORAGE WAREHOUSING (4800)
Water Body Access YN: No
Waterfront YN: No
Use Code: 48 / WAREHOUSING, DISTRIBUTION TERMINALS
List Price/SqFt: 60.62
Sold Price/SqFt: 52.69
Year Built: 2005
Remarks and Miscellaneous
Public Remarks: This income producing property is a 14,500 sq.ft warehouse with full occupancy. Current income is $7169 per month which is $86,028 a year! Expenses are $33,690, per year yielding an NOI of $52,338! This warehouse is block construction and located in an excellent area off of Wickham, close to airport, and I95! All tenants are stable and pay on time every month.
Construction Materials
Block: 1
Cooling
Central Air: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Listing Terms
Lease Option: 1
Possession
Close Of Escrow: 1
Income and Expenses
Insurance Expense: 7634
New Taxes Expense: 10846
Other Expense: 10650
Trash Expense: 2160
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Showing Requirements
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 15
Clear Ceiling Height: 14500
Location
Central Business District: 1
Operating Expense Includes
Accounting: 1
Legal: 1
Utilities: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Proforma-Gross Sched Income: 86.03, Expenses-Utilities: 1500, Expenses-Accounting & Legal: 75, Utilities-3-Phase Electric: Y, Acctg & Legal: 75, Utilities: 1500
Contract Information
Current Price: $764,000
Original List Price: 879000
Sold Price: $764,000
Status: Closed
Listing Contract Date: 2017-05-11
Property Sub Type: Industrial
Location Tax and Legal
Street Number: 3109
Street Name: Skyway
Street Suffix: Circle
County: Brevard
State: FL
Postal Code: 32934
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2018-02-07T10:39:55Z
Major Change Type: Status Change
Status Change Timestamp: 2018-02-07
Purchase Contract Date: 2017-08-31
Close Date: 2018-02-06
Close Price: 764000
Property Features
Construction Materials: Block
Cooling: Central Air
Flooring: Carpet; Tile
Heating: Central
Listing Terms: Lease Option
Location: Central Business District
Operating Expense Includes: Accounting; Legal; Utilities
Possession: Close Of Escrow
Roof: Composition
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Requirements: Call Listing Agent
Listing Office: One Sotheby's International
Last Updated: June - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.